Jefferson Symphony Association

Analysis

Jefferson Symphony Association is a registered charity in United States, based in Golden, CO. It received its IRS tax-exemption ruling in January 1962, 64 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jefferson Symphony Association reported income of $168k and spending of $191k, spending 114% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $695k to $168k (-76%), an average of -38% a year. The sharpest change came in the year to December 2021, when income dropped by 81%. Over the whole period it spent 128% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jefferson Symphony Association sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 46th percentile within CO. Charities of a similar size with the same main cause include Triangle Artworks Inc ($168k), Public Radio Inc ($168k) and Columbia Pro Cantare Ltd ($168k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 26% of the total. Other salaries and wages came to $91k. At year end it held assets of $746k against liabilities of $11k, net assets of $735k. It reported 2 employees.